…building wealth with active portfolio management

Eighteen months ago, 3D Printing was still all the rage. Media fluff stories described “printing” everything from pizza to houses. While the potential of the technology is great (especially in the medical field), the bottom has fallen out of stock prices.

Industry leader 3D Systems is down 87% from its peak. (see below chart)

The moral of the story is that timing is EVERYTHING. Never hold a depreciating asset, no matter how great the potential.

3D Printing, Social Media, Biotech, Precious Metals…whatever the fashionable sector, the hype always dissipates. The trick is to get out before the collapse.

———————————————————————————————————–

Listen to the Wealthsteading Podcast to receive updated market commentary: